CAY 1.10% 9.0¢ canyon resources limited

Ann: Minim Martap Mineral Resource Increased to over 1Bt, page-23

  1. 6,013 Posts.
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    Infrastructure and off-take announcements are next up. But 2 things on that ...

    When? Next few weeks, next few months, the end of next year? Most probably later than earlier going by past history with this one.

    What impact will those announcements have on the price? Again most probably glass half-full on that one. It should push it up but anything to talk about I'm not so sure.

    If those announcements come about relatively soon and after a few months we don't see a significant price rise, that means people's anticipation, including mine, of Peter Su's inclusion into the business, would result in major 3rd party buying interest didn't come to fruition.

    CAY looks and feels dead. The depth struggles on the upside and the volume going through is embarrassing, and chatter in forums very dry.





 
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